Ethereum News Today: Ethereum Surges 1.45% on Strong Institutional Demand and $10B Strategic Reserve

Ethereum (ETH) is trading near $3,840 on July 31, 2025, showing resilience after dipping below $3,700 earlier in the week. The price rebounded by 1.45% in the past 24 hours, supported by strong institutional demand and a Strategic Reserve that now exceeds $10 billion in value [1]. This growing institutional backing, involving 65 entities, is seen as a key factor in stabilizing Ethereum’s price during periods of volatility [1].

Technical indicators reflect a neutral momentum for the short term. The RSI stands at 45.74, indicating no immediate overbought or oversold conditions, while the MACD recently experienced a bearish crossover but is showing signs of weakening, suggesting potential for a shift in momentum [1]. Trading volumes have remained steady, with the price hovering around key psychological and technical resistance levels between $3,800 and $4,000 [1].

Large institutional investors have continued to accumulate Ethereum, reinforcing bullish sentiment. A major whale was reported to have acquired 39,651 ETH—valued at approximately $152 million—from Galaxy Digital [2]. This move underscores Ethereum’s growing appeal as a core asset and highlights the strategic importance of key price levels like $3,840 [2].

The Ether Machine, a newly formed institutional entity, has also added to Ethereum’s institutional narrative by purchasing nearly 15,000 ETH, valued at $56.9 million. This acquisition surpassed the holdings of the Ethereum Foundation, further signaling confidence in the asset’s long-term value [3]. Such large-scale accumulation may help stabilize the market and potentially drive prices higher in the short to medium term [3].

Despite these developments, Ethereum remains in a consolidation phase near $3,800, with traders and analysts closely watching for a clear breakout above $4,000. If institutional demand continues to outpace supply and broader market conditions remain supportive, Ethereum could approach new all-time highs in the coming months. However, external factors such as regulatory changes and macroeconomic conditions may influence near-term performance [1].

[1] CoinDesk, “ETH Going to $16K in This Cycle? Analyst Explains ...”, https://www.coindesk.com/markets/2025/07/31/eth-going-to-usd16k-in-this-cycle-analyst-explains-why-this-could-happen

[2] Blockchain, “Whale Accumulates 39651 ETH Worth $152M from Galaxy ...”, https://blockchain.news/flashnews/whale-accumulates-39-651-eth-worth-152m-from-galaxy-digital-key-signals-for-ethereum-eth-traders

[3] Decrypt, “Ethereum Price”, https://decrypt.co/price/ethereum